Is Hittco Tools Ltd halal to invest in?

According to Musaffa's Shariah screening methodology, Hittco Tools Ltd (531661.BO) is currently classified as NOT COVERED as of May 2026. The classification is based on an evaluation of the company's business activities and financial ratios to determine whether it meets Islamic investment guidelines.

Is Hittco Tools Ltd a Shariah-compliant stock?

A stock is Shariah-compliant if the company operates in permissible business activities and meets Islamic financial screening thresholds. Musaffa analyzes Hittco Tools Ltd using these criteria to determine its compliance status.

Can Muslims buy shares of Hittco Tools Ltd?

Muslim investors may consider investing in Hittco Tools Ltd if it meets Shariah compliance standards. Investors typically review the company's business activities, debt levels, and non-permissible income before making a decision.

Why is Hittco Tools Ltd classified as NOT COVERED?

Musaffa determines the Shariah status of Hittco Tools Ltd by analyzing whether the company's core business operations are permissible and whether its financial ratios fall within accepted Islamic thresholds.

How often is the Shariah compliance for Hittco Tools Ltd updated?

The Shariah compliance status of Hittco Tools Ltd may be updated periodically when new financial statements, earnings reports, or business activity information become available.

Can a halal stock like Hittco Tools Ltd become non-compliant?

Yes. A stock that is currently Shariah-compliant may become non-compliant if the company's financial ratios exceed Shariah thresholds or its business activities change.

Where can I check the Shariah status of Hittco Tools Ltd?

You can check the latest Shariah compliance status of Hittco Tools Ltd on Musaffa's stock page, where screening results and key financial indicators are updated to help Muslim investors make informed decisions.

Hittco Tools Ltd 531661.BO

₹10.50 ₹0.69 (7.03%) 1D

Last Updated: May 15, 12:00 AM·BSE

Hittco Tools Ltd. Stock Analysis 531661.BO

India Industrials Nano Cap

Hittco Tools Ltd. engages in the manufacture of cutting tools. The company is headquartered in Bangalore, Karnataka. The company went IPO on 2005-04-25. The firm manufactures different types of high-performance carbide and high-speed steel (HSS) tools to machine-wide variety of metals and acrylic. The Company’s products include High Performance Endmills, Endmills for Non-Ferrous Metals, HSS Jobber Drills, Die and Mould Endmills, General Purpose Endmills and Carbide High Performance Drills. Its products are available in various countries around the globe. The firm markets its products through a network of distributors across the world for the various industries, including automotive, aerospace, mold, defense, railways, jewelry, power-energy, watch, and oil and Gas. The firm has two manufacturing units located on the outskirts of Bangalore in Peenya Industrial Area, which is an industrial area in all of Asia. Built area of the units is approximately 5000 square meters.

Key Statistics of Hittco Tools Ltd (531661.BO)

Key statistics in the stock market are essential financial indicators that measure a company's performance, valuation, profitability, and risk.

Today's Range

₹9.81₹10.50

Today's Open

₹9.81

Volume

1818.00

P/E Ratio (TTM)

52 Week Range

₹8.41₹16.00

Market Cap

73.11M

Avg. Volume

974.95

Dividend Yield

Financial Metrics & Statements of Hittco Tools Ltd (531661.BO)

FAQ's for Hittco Tools Ltd (531661.BO)

According to Musaffa’s Shariah screening methodology, Hittco Tools Ltd (531661.BO) is currently classified as NOT COVERED as of May 2026. The classification is based on an evaluation of the company’s business activities and financial ratios to determine whether it meets Islamic investment guidelines.